Property purchase


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Querist : Anonymous

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Querist : Anonymous (Querist)
25 July 2013 Dear all experts i have purchased a land and its registry is under my name is done in fy 2012-13 of rs 565000/-. it is compulsory to show my property in my income tax return or not please advise me.
i have only salary income and insurance income lic commission which is below the limit of tax

so ur guidance is important to me

thanks to all

26 July 2013 yes uncer annual information report (AIR) yu need to disclose it.

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 September 2013 my income rs 20000/- per month salary income and lic deposit of 20000/- per year


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